Jefferies Increases EPS And PT On Hain Celestial (HAIN)

In a recent report, Jefferies increased EPS to $1.32 from $1.30 and increased the price target to $39.00 from $33.00 after a strong all around quarter for Hain Celestrial (NASDAQ: HAIN).

In the report, Jefferies said, "The company's better-than-expected 3Q11 results reflect continued strong execution on the US franchise, and nice improvement on Int'l (ex-UK fresh business), as productivity gains, expanding distribution, favorable product mix and cost control all met a better top-line. All of these look to continue to benefit HAIN in the near-term."

HAIN closed yesterday at $33.27.